How does billing for Lob's Address Verification plans work?

Billing for address verification is made up of two components:

A subscription payment incurred at the beginning of a chosen billing cycle (monthly or annually).

Charges for additional verifications sent in excess of the number of verifications included in your plan. These are charged at the start of each calendar month for additional verifications sent in the previous month.

Once a plan is purchased, it will renew automatically at the start of each billing cycle (monthly or yearly) unless canceled.

*Please note that verification volumes are applied based on calendar months and subscriptions renew on the first of each month at 12:00AM UTC.